FARMERS & MERCHANTS (FMCB) EVP David Zitterow Receives 465-Share Award

What Happened David Zitterow, Executive Vice President and Director of Banking at Farmers & Merchants Bancorp (FMCB), was granted a restricted stock award of 465 shares on August 3, 2026. The award was valued at $1,346.32 per share (30‑day VWAP) for a total reported value of $626,039. The RSA vests over a one-year term. This is an award (A) — not an open‑market purchase or sale — and is typically part of compensation, not a direct market signal.

Key Details

• Transaction date: 2026-08-03 (grant of restricted stock award)
• Price used: $1,346.32 per share (30-day volume-weighted average price after close on Aug 3, 2026)
• Shares awarded: 465; total reported value: $626,039
• Vesting: Award vests over a one-year term
• Filing: This is an AMENDED Form 4 filed 2026-08-25; the grant was inadvertently omitted from a Form 4 originally filed Aug 5, 2026 (late disclosure)
• Shares owned after transaction: Not specified in the provided filing
• Tax withholding or other disposition: None indicated in this filing

Context Restricted stock awards are a common form of executive compensation and vest over time; they do not represent an open‑market purchase or sale. The amendment indicates a late disclosure of the grant rather than a change to the substance of the award. Retail investors should view this as compensation-related equity issuance rather than a direct insider purchase or sale signal.